Contracts have always been a matter of one thought leading to heaven or hell.
I've seen too many people risk thousands of U, dreaming of turning their accounts into four zeros overnight, only to find themselves liquidated every few days, their principal wiped out, and finally, all hope worn away.
A few years ago, my account had only 8,000 U left. I tried 100x leverage for the first time and lost half in just 15 minutes. Staring at the red-flashing phone screen with cold sweat on my palms, I suddenly realized: liquidation is never an accident, but a "welcome gift" that high leverage offers to b